Oil major, Chevron has highlighted operational progress as it deepens oil production capacity in Nigeria.

Chairman and Managing Director of Chevron Nigeria/mid-Africa business unit, Mr Jim Swartz, confirmed that Chevron recorded zero incidents of sabotage in the last year, during his visit to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), in Abuja over the weekend.

“Chevron has not recorded any oil theft or attacks on our pipelines this year. This is the longest we’ve gone without oil theft,” Swartz said.
Chevron is a member of the Oil Producers Trade Section (OPTS), a subgroup of the Lagos Chamber of Commerce and Industry.

The OPTS is a private industry group dedicated to exploring, developing, and producing Nigeria’s oil and gas resources in a sustainable and beneficial manner for the Nigerian people.

It represents the interests of approximately 31 oil and gas companies that collectively operate approximately 85 per cent of Nigeria’s oil.
in addition to the feat, the NNPCL and the International Oil Companies (IOCs) have been able to ramp up their production to 1.8 million barrels per day, unlike in the past when production was trapped at 600,00 barrels per day.

Government has also set a target of 2.06 million barrels per day, as unveiled in the Medium-Term Expenditure Framework (MTEF), which was made public by the Minister of Budget and National Planning, Senator Atiku Bagudu.

The Commission Chief Executive Officer of NUPRC, while responding expressed delight over Chevron’s testimony on recording zero incidents pertaining to oil theft.

He attributed the feat achieved to the initiatives by President Bola Tinubu’s administration.